China-Russia Economic and Trade Cooperation Forum held in Moscow

Moscow, June 16 (Xinhua He Yi Zhang Yachen) China-Russia Economic and Trade Cooperation forum 16th in the Russian capital Moscow International Trade Center. Jiang, Vice minister of Commerce of China, said at the opening of the forum that in recent years, the bilateral economic and trade cooperation has maintained a good momentum of development, with the promotion of the leaders of both countries and the joint efforts of the business community. Although the current international financial crisis has led to Sino-Russian trade difficulties, the two countries have a strong willingness to develop economic and trade cooperation and a huge market potential.　　He said that the Chinese government's large-scale trade and investment promotion mission to Russia was an important step in promoting bilateral economic and trade cooperation in a crisis situation and a practical action against various forms of protectionism. Russian Deputy Minister of Economic Development Slepnev said that the two sides have been committed to the development of strategic cooperative partnership. Although the international financial crisis has affected Russia-China trade, the two sides have expanded their cooperation in such fields as energy and high technology.　　In the face of the crisis, Russia and China should work together to overcome the crisis. The China Trade and Investment Promotion group, led by Jiang, arrived in Moscow 15th, with a membership of more than 300 entrepreneurs from 200 Chinese companies. During the visit to Russia, Sino-Russian enterprises and financial institutions reached a number of cooperation agreements, signing the amount of more than 3 billion U.S. dollars, involving mechanical and electrical, light industry, High-tech, energy and resource development and project contracting and other fields.